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York Region York Region Real Estate ReportReal Estate Report
An update on the luxury segment in Richmond Hill, Markham, and Vaughan
Ontario, Canada
Lisa Clark, Sales Representative
Sotheby’s International Realty Canada, Brokerage
416-960-9995 www.lisaclark.ca | @lisa_clark
www.sothebysrealty.ca
Based on MLS data for single detached homes listed or sold for $750,000 or greater in TREB districts N01, N02, N03, N04, N05, N08, N10 and N11.
Lisa Clark, Sales RepresentativeSotheby’s International Realty Canada, Brokerage
416.960.9995 | [email protected] www.lisaclark.ca
Available Inventory vs. Units Sold
2009 vs. 2008
Months Available Inventory vs Sold Units
Vaughan, Markham & Richmond Hill
-
5
10
15
20
25
Jan Apr Jul Oct
Mon
ths
of In
vent
ory
0
10
20
30
40
50
60
70
80
90
100
110
120
Sold
Uni
ts
# Months Inventory Units Sold 2009 Units Sold 2008
Criteria Dec 09 Nov 09 Dec 08
# Listings 363 378 n/a
Months of Inventory 8 6 n/a
Units Sold 45 63 9
Days on Market 34 19 63.0
*Based on TREB Data for Districts N01-N05, N08, N10 & N11For listings and sales of detatched homes $750K or greater
• Units Sold are down over November while Days on Market and Months of Inventory are both up - a seasonal expectation
• A dramatic difference in Sold Units and Days on Market over Dec 08
Based on MLS data for single detached homes listed or sold for $750,000 or greater in TREB districts N01, N02, N03, N04, N05, N08, N10 and N11.
Lisa Clark, Sales RepresentativeSotheby’s International Realty Canada, Brokerage
416.960.9995 | [email protected] www.lisaclark.ca
Median Sale Price
2009 vs. 2008
Median Sale Price
Vaughan, Markham & Richmond Hill
500.0
600.0
700.0
800.0
900.0
1,000.0
1,100.0
1,200.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
$'00
0
2009 2008
'000 Dec 09 Nov 09 Dec 08
Median Sale Price 1,100.0 915.0 917.0
Highest Listing 9,380.0 9,380.0 n/a
Highest Sale 3,000.0 2,150.0 1,910.0
*Based on TREB Data for Districts N01-N05, N08, N10 & N11For listings and sales of detatched homes $750K or greater
• Median Sale Price lower in Dec 09 than Dec 08, mainly due to the low volume of homes sold in Dec 08
• Vaughan recorded the highest sale for the month at $3 million
Lisa Clark, Sales RepresentativeSotheby’s International Realty Canada, Brokerage
416.960.9995 | [email protected] www.lisaclark.ca
For more information on premium real estate in
Markham, Vaughan and Richmond Hill
contact
Lisa ClarkSales Representative
Sotheby’s International Realty Canada, Brokerage
416-960-9995 www.lisaclark.ca @lisa_clark
